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Law, Accounting & Taxes

CNY jobless rates fall in July compared to a year ago

The unemployment rates in the Syracuse, Utica–Rome, Watertown–Fort Drum, Binghamton, Ithaca, and Elmira regions were all lower in July compared to the same month in 2024. The figures are part of the latest New York State Department of Labor (NYSDOL) unemployment data released on Aug. 19. Regional unemployment rates The jobless rate in the Syracuse

Anthony Picente

Picente calls Oneida County’s 5-year agricultural plan a bold step

UTICA, N.Y. — Oneida County’s five-year agricultural strategic plan focuses on strengthening the region’s agricultural economy, protecting farmland, and expanding opportunities for farmers and agribusinesses across the county. “This plan is a bold step toward ensuring that agriculture remains a cornerstone of Oneida County’s economy and identity,” Oneida County Executive Anthony Picente, Jr. contended in

Syracuse University

Veterans Legal Clinic at SU College of Law receives $150K state grant

SYRACUSE, N.Y. — The Betty and Michael D. Wohl Veterans Legal Clinic (VLC) at the Syracuse University (SU) College of Law will use a $150,000 state grant to help provide services to Central New York veterans. The New York State Department of Veterans’ Services awarded the school a Justice for Heroes grant, according to a

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Barclay Damon Tower

Barclay Damon operating in expanded NYC office inside Rockefeller Center

The New York City office of Syracuse–based law firm Barclay Damon LLP is now operating in a newly renovated, significantly expanded, and more modern space on the 23rd floor of Rockefeller Center. The firm had announced its office relocation within Rockefeller Center back on July 22. The move “effectively doubles the firm’s space and office

Five Star Bank

Five Star Bank parent reports nearly 32 percent drop in Q2 net income

WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently reported net income of more than $17.5 million in the second quarter of this year, down 31.6 percent from $25.6 million in the second quarter of 2024. After preferred dividends, Financial Institutions’ net income available to common shareholders was almost

VIEWPOINT: The Trump Private Equity Order: What Plan Fiduciaries Need to Know Now

On Aug. 7, 2025, President Donald Trump issued an executive order that may result in an expansion in the types of holdings common in 401(k), 403(b) and other defined-contribution plans. Generally, a plan fiduciary’s decision to offer a designated investment alternative is subject to fiduciary duties enumerated in section 404 of the Employee Retirement Income

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